Truck/trailer payment is included in expenses on list i provided.
$11,761.59
I only do 2000-2500 miles a week.
Once was 3500, but then i took off a couple the next week.
My truck payment was $1,119.07(now paid for) trailer is $717.76
reason not much money for parts, i’d that’s what I’ve bought to fix, other is included in truck repair/maintenance cost.
This is running my numbers and my insurance.
I stay in a 500 air mile radius of my house.
Can owner operators make 4k per week after all expenses and taxes?
Discussion in 'Ask An Owner Operator' started by Power Meister, Aug 26, 2022.
Page 3 of 9
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
Last edited: Aug 28, 2022
-
Southland loads is broker’s part.
I don’t do van/spot market on van, I pull a starvation wagon(hopper)
Last year my gross was 193k, fuel expenses were less to though.
Driver pay Gross is shy of 30k, but after state/SS/fed tax/quarterly unemployment tax net driver pay is 20k give or take a $100Last edited: Aug 28, 2022
Keepforgettingmypassword Thanks this. -
124803.34 Expenses - 11761.59 Truck payment - 29576.33 drivers = 83465.42 Expenses w/o truck payment and w/o driver payment.
181901.52 Gross - 83465.42 Expenses = 104436.1 profit
104436.1/56274.9 = 1.85 income per mile w/o truck payment and before taxes.
But that 1.85 should be reduced to 1.29 to reflect today's spot rates for profit per mile in the present.Last edited: Aug 28, 2022
-
What taxes?
Company doesn’t pay taxes.
single member LLC taxed as an S corporation is not taxed on its profits, but the profits are taxed to the individual members.
IE me, off how much Payroll is.
That’s up to the 31st, i’ve 3 more days this month to add to those numbers, planning on 2-3 $2k loads for each day, should get 2 out of the 3.
I don’t know why you keep adjusting rate to “spot market van rates”
Specialty trailers will never match van trailer pay per mile.
Added Photos of load rate.Last edited: Aug 28, 2022
Reason for edit: Added PhotosGod prefers Diesels and Vampire Thank this. -
Last edited: Aug 28, 2022
-
Doesn’t say Van in title or first post, asks if an O/O can make 4K/week after expenses and taxes.
I set up a company, company gets paid, I work for my company at .56/mile just as if i was working for some other company at that rate.
Company makes 4k plus/week.God prefers Diesels and Vampire Thank this. -
According to the math it appears your company, pulling the hopper trailer, makes $4140/ week running 2250 miles / wk. But that is at the old rates. Does your company make $4k+ at today's spot rates?Last edited: Aug 28, 2022
-
God prefers Diesels, Vampire and Judge Thank this.
-
Here’s the last few, expenses and all.
WRT is a direct shipper load, their cut which is 2.5% vs a brokers 10%.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 3 of 9